FEATURED MARKET DATA
Spread Sectors Add Income
Most sectors of the fixed income market offer Option Adjusted Spreads (OAS) which aid income. OAS represents the yield of a security or sector of the market in excess of a US Treasury security with the same maturity, adjusted for any embedded option such as a call option.
by Laura Fox
PMA Assumes Advisory Role Relating to LGIPs in the Commonwealth of Pennsylvania and State of New York
Naperville, Ill. – February 1, 2021- PMA Financial Network, LLC, PMA Securities, LLC and PMA Asset Management, LLC (“the PMA companies” or “PMA”), a premier full-service provider of comprehensive financial and advisory services to municipalities, school districts and other local government entities, is pleased to announce that it has entered into contracts to serve as Investment Advisor, Fixed Term Provider and Distributor for local government investment pools (“LGIPs”) in the Commonwealth of Pennsylvania and the State of New York (the “Business”): the Pennsylvania School District Liquid Asset Fund (“PSDLAF”) and the New York Liquid Asset Fund (“NYLAF”).
by Laura Fox
PMA Financial Network Welcomes Jason Hoffman to the MOCAAT Team
St Louis, MO – February 3, 2021- PMA, a premier full-service provider of comprehensive financial and advisory services to municipalities, school districts and other local government entities, is pleased to announce that Jason Hoffman will be joining the team as Coordinator, Sales and Relationship Management. Jason will partner with the Missouri Capital Asset Advantage Treasury (MOCAAT) to serve school districts throughout the state of Missouri. His Missouri experience and commitment, coupled with PMA’s depth and expertise, will serve Missouri school districts as a trusted partner.
by Laura Fox 